30th Aug 2007 10:34
Ottoman Fund Limited (The)30 August 2007 For immediate release 30 August 2007 The Ottoman Fund Limited Announcement of Strategic Review The Ottoman Fund Limited announces a strategic review by independent advisers ofthe options available to enhance shareholder value. The proceeds from the Fund's launch in December 2005 have been fully allocatedto a strong development portfolio, and promising progress has recently beenreported in relation to the development projects at Bodrum, Riva and Kazikli.The Board does not consider that the Fund's share price properly reflects thevalue in the Fund's portfolio. The Board will make a further announcement in due course. List of contacts Company 01534 709100Jeremy Hamon (Secretary) Development Capital Management 020 7355 7600Roger HornettTom Pridmore Buchanan Communications 020 7466 5000Charles RylandIsabel Podda Numis Securities 020 7260 1000Bruce GarrowNick Westlake This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Ottoman Fund